Articles tagged Contact Energy


It seems this dry winter has been both a blessing and a curse for Contact Energy. It lost revenues because its dams couldn't generate power, but it won customers from those retailers who passed on this winter's more than doubling of wholesale prices.

This chart (prepared by PwC for the Electricity Networks Association in May 2013) attempts to unravel the proportions of electricity charges related to lines distribution charges, electricity generation costs, network transmission costs and GST.

Mighty River Power Chief Executive Doug Heffernan is hoping he doesn't get to see more detail before the election from the Opposition Green and Labour parties on their NZ Power proposal for a single state-run buyer of power.